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Adamis Investor Seeks Chancery Order To Block Board Vote

Law 360

An Adamis Pharmaceuticals Corp. investor has moved to temporarily block the company's Nov. 9 director election, accusing the company of rigging the outcome by lining up enough "management-friendly" shares to overcome any challenges under its plurality-vote-wins rule.

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US Supreme Court declines to hear oil company petitions to move climate change cases to federal court

JURIST

The US Supreme Court Monday declined to hear five appeals from fossil fuel companies requesting to have their cases moved from state to federal courts. All five petitions concern whether federal common law, which is law developed over time by courts, or state law applies to lawsuits over greenhouse-gas emissions that cross state lines.

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RTX Shareholder Moves Jet Engine Stock Feud To Del.

Law 360

An RTX Corp. stockholder has agreed to move from Connecticut to Delaware a proposed federal derivative suit accusing the former Raytheon jet engine-maker of failing to disclose reliability and fuel economy problems with a mainstay line of turbofan engines, costing the company billions.

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As Chloé Becomes a B Corp, What Does the Increasingly Popular Certification Really Entail?

The Fashion Law

Consumers and investors are increasingly taking into account companies’ efforts on the Environmental, Social and Governance – “ESG” – front, with investors, in particular, scrutinizing companies’ sustainability credentials with more frequency and robustness than in the past. The Rise of the Fashion B Corp. certifications. .

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Trucking Co. Yellow Loses Bid To Block Teamsters Strike

Law 360

A Kansas federal judge on Friday denied trucking company Yellow Corp.'s s bid to prevent the Teamsters union from hitting the picket lines over a delayed benefits contribution, setting up for a potential strike as early as Monday.

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Carnival Says Data Breach Exposed Customer, Staff Info

Law 360

Carnival Corp. said Friday that a March data breach may have exposed the personal information of guests and employees on its Carnival Cruise, Holland America and Princess Cruises lines, an episode that comes after the company was hit last year by ransomware attacks.

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Pipeline Decisions Do Not Spell Doom for Transmission

ClimateChange-ClimateLaw

Transmission lines are, like generation facilities, often held up by litigation. However, as explained below, siting decisions for pipelines and transmission lines are governed by different laws, and while both are subject to environmental review, their environmental impacts are not comparable. Three Regulatory Regimes.